For the quarter ending 2026-03-31, INBKZ had $145,028K increase in cash & cash equivalents over the period. $75,251K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income | 2,509 | 5,289 | -40,457 |
| Depreciation and amortization | 2,710 | 962 | 5,230 |
| Increase in cash surrender value of bank-owned life insurance | -305 | -303 | -862 |
| Provision for credit losses | 16,305 | 11,984 | 60,330 |
| Share-based compensation expense | 561 | 488 | 733 |
| Loans originated for sale | 60,864 | 143,931 | 430,086 |
| Proceeds from sale of loans | 119,728 | 156,434 | 381,503 |
| Gain on loans sold | 7,377 | 8,470 | -16,783 |
| Loss (gain) on sale of other real estate owned | -15 | -279 | 19 |
| Decrease in fair value of loans held-for-sale | - | 0 | - |
| Gain on derivatives | 0 | -106 | 106 |
| Gain on bank-owned life insurance | - | - | 0 |
| Gain on prepayment of fhlb advances | - | 0 | - |
| Gain on termination of interest rate swaps | - | 0 | - |
| Gain on sale of premises and equipment | - | 0 | - |
| Loan servicing asset revaluation | -1,060 | -1,800 | -3,666 |
| Net deferred income tax | - | -18,096 | - |
| Net change in accrued income and other assets | 597 | -16,914 | 13,115 |
| Net change in accrued expenses and other liabilities | 1,805 | 267 | -3,874 |
| Net cash provided by operating activities | 75,550 | 23,723 | -20,274 |
| Net loan activity, excluding purchases | 44,939 | 168,112 | 295,966 |
| Proceeds from sale of other real estate owned | 672 | 0 | 547 |
| Net proceeds from sales of portfolio loans | - | 48,842 | 799,297 |
| Maturities and calls of securities available-for-sale | 42,663 | 37,264 | 97,804 |
| Purchase of securities available-for-sale | 39,409 | 185,901 | 125,713 |
| Maturities and calls of securities held-to-maturity | 8,861 | 11,013 | 22,103 |
| Purchase of securities held-to-maturity | 28,263 | 0 | 33,629 |
| Proceeds from bank owned life insurance | - | 0 | 0 |
| Purchase of premises and equipment | 299 | 288 | 940 |
| Loans purchased | 0 | 19,654 | 47,674 |
| Other investing activities | 938 | 1,098 | 9,214 |
| Net cash used in investing activities | -61,652 | -277,934 | 406,615 |
| Net increase in deposits | 141,837 | -75,621 | -17,772 |
| Cash dividends paid | 521 | 516 | 1,571 |
| Repurchase of common stock | - | 521 | 0 |
| Proceeds from advances from federal home loan bank | 0 | 0 | 104,500 |
| Repayment of advances from federal home loan bank | 10,000 | 0 | 150,000 |
| Other, net | -186 | -15 | -247 |
| Net cash provided by financing activities | 131,130 | -76,673 | -65,090 |
| Net increase (decrease) in cash and cash equivalents | 145,028 | -330,884 | 321,251 |
| Cash and cash equivalents, beginning of period | 456,777 | 787,661 | 466,410 |
| Cash and cash equivalents, end of period | 601,805 | 456,777 | 787,661 |
First Internet Bancorp (INBKZ)
First Internet Bancorp (INBKZ)